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Jul 24, 2013
07/13
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good education for your kids, home of your own, secure retirement. fifth, i'm going to keep focusing on health care because middle class families and small business owners deserve the security of knowing that neither an accident or an illness is going to threaten the dreams that you've worked a lifetime to build. as we speak we're well on our way to fully implementing the affordable care act. we're going to implement it. if you're one of the 85% of americans who have health insurance either through a job or medicare or medicaid, you don't have to do anything, but you do have new benefits and better protections than you did before. you may not know it, but you do. free checkups. mammograms, discounted medicines if you're on medicare. that's what the affordable care act means. you're already getting a better deal. no lifetime limits. if you don't have health insurance then starting on october 1st private plans will actually compete for your business, and you'll be able to comparison shop online. there will be a marketplace online like if you would buy
good education for your kids, home of your own, secure retirement. fifth, i'm going to keep focusing on health care because middle class families and small business owners deserve the security of knowing that neither an accident or an illness is going to threaten the dreams that you've worked a lifetime to build. as we speak we're well on our way to fully implementing the affordable care act. we're going to implement it. if you're one of the 85% of americans who have health insurance either...
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Jul 30, 2013
07/13
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my job is to educate you, so call me at 1-800-743-cnbc. merger monday? at last, we have one and i say -- ♪ sure the averages didn't reflect
my job is to educate you, so call me at 1-800-743-cnbc. merger monday? at last, we have one and i say -- ♪ sure the averages didn't reflect
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Jul 24, 2013
07/13
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cuts to education. and finally, the city said enough's enough. >> so i guess which brings up the question, you know, if people knew this was coming, how impactful will this be? you say, you know, it was like a third world city in the richest country in the world. people were expecting that detroit would have real financial pressure. what is the impact from an investment standpoint and from the quality of life? >> well, the quality of life has been this way for a long time, and steadily it's been eroding still further. this is happening in too many cities and towns across america, where social services, because they can be cut are cut, because pensions and bonds constitutionally cannot be cut, they're the protected class. you're going to see a real issue, neighbor against neighbor, on these very issues that have been glossed over for years now. and so, what's at stake are very social services that we count on -- education, you know, public safety, as well as, you know, spreads now in mutual bond, pension
cuts to education. and finally, the city said enough's enough. >> so i guess which brings up the question, you know, if people knew this was coming, how impactful will this be? you say, you know, it was like a third world city in the richest country in the world. people were expecting that detroit would have real financial pressure. what is the impact from an investment standpoint and from the quality of life? >> well, the quality of life has been this way for a long time, and...
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Jul 29, 2013
07/13
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and educate their kids. so hopefully, that will start to happen more. >> all right, john, thank you so much. we'll talk to both of you again soon. in the meantime, let's go back to headquarters. josh lipton is watching this move after herbalife's earnings were better than expected. josh? >> reporter: yeah, certainly, scott. herbalife right now in the after hours, you see moving sharply higher here. let's just recap those results. you had a beat on the bottom and the top. adjusted eps clocking in $1.41. that is a healthy beat. the street was looking for $1.18. on the top line, $1.22 billion. the street was looking for 1.16 billion. cash flow, up 56% from a year ago to 214 million. now, looking ahead, q3 guidance was actually a little bit light. 1.09 to 1.13. analysts were looking for did 1.16. full-year guidance 4 hau.83 to . the stock up more than 90% so far this year. guys, back to you. >> you know, thanks, josh. for a moment, i'm almost surprised that for such a beat as 1.41 relative to expectations is, th
and educate their kids. so hopefully, that will start to happen more. >> all right, john, thank you so much. we'll talk to both of you again soon. in the meantime, let's go back to headquarters. josh lipton is watching this move after herbalife's earnings were better than expected. josh? >> reporter: yeah, certainly, scott. herbalife right now in the after hours, you see moving sharply higher here. let's just recap those results. you had a beat on the bottom and the top. adjusted...
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Aug 1, 2013
08/13
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my job is not just to entertain you but to educate you, too. call me at 1-800-743-cnbc. unless you're a bowler, you have no idea what the heck it means when i say this market has got some of the best pin action i have ever seen. i can't take you to the lanes, i can't form a league with you, i can't even share my psych delically laced bowling shoes with you. but the s&p jumping 1.25%, nasdaq falling 1.36%. by golly, i'm going to get you a shirt, a ball and a couple of lanes. we are rolling strikes. this pin smashes into the head pin and sends the rest shattering. today we had more pin action than the plaza lanes in madison, new jersey. and i felt like it was like the old days when i donned my bowling shirt, brought my own ball and played with style. let's go over some of the strikes this market rolled because this one felt pretty darn perfect from start to finish. no, check that, from before the start to the finish. much of the action started overseas the night before where we've become so used to getting bad news. that's right. before we even opened for trading, you knew
my job is not just to entertain you but to educate you, too. call me at 1-800-743-cnbc. unless you're a bowler, you have no idea what the heck it means when i say this market has got some of the best pin action i have ever seen. i can't take you to the lanes, i can't form a league with you, i can't even share my psych delically laced bowling shoes with you. but the s&p jumping 1.25%, nasdaq falling 1.36%. by golly, i'm going to get you a shirt, a ball and a couple of lanes. we are rolling...
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Aug 1, 2013
08/13
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not just to entertain you, but to educate you, so call me. you can base your whole investing philosophy on what the federal reserve might do next. ♪ or you can base it on what stocks will do next. ♪ and i got to tell you, investing in stocks is a heck of a lot easier way to make money than investing in the federal reserve. while so many people seem to hang on the interest rate, some contributed to the bla performance of the averages. nasdaq advancing, it's the stocks themselves that determine whether or not you made money in your portfolio. individual stocks give you plenty of ways to win even as the fed continues to provide positive backdrop with its statement about keeping interest rates unchanged for the foreseeable future. let's talk about the ways people are winning on this, the last day of july. still one more month when the s&p 500's had a huge gain, up more than 5%. completing a vicious mocking of those who sold may and went away. how about buy ma and go away? now, that's something that workeded for you this year. why don't we jus
not just to entertain you, but to educate you, so call me. you can base your whole investing philosophy on what the federal reserve might do next. ♪ or you can base it on what stocks will do next. ♪ and i got to tell you, investing in stocks is a heck of a lot easier way to make money than investing in the federal reserve. while so many people seem to hang on the interest rate, some contributed to the bla performance of the averages. nasdaq advancing, it's the stocks themselves that...
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Jul 31, 2013
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not just to entertain you, but to educate you
not just to entertain you, but to educate you
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Jul 26, 2013
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she wrote "the faculty loungss and other reasons you won't get the education you paid for." not only does summers lose the battle because, i'm paraphras g paraphrasing, saying women doesn't have the same aptitude in science as men, does this dog him? >> larry summers in 2005 gave a speech in why he speculated why women were not in the top tiers in science and engineering and he suggested two this evenings, first, that there may be biological reasons that women are not in the absolute top tiers and, second that, they may actually prefer to be at home with their children sometimes. the "new york times" recently ran a poll in which they found only a quarter of women actually said if they had young children that they would like to be working full time. but never mind the reality. the fact of the matter is that larry summers said two very politically incorrect things about women and the administration does not want to pick this fight. >> wait a minute, one more. i always talk about the administration picking this fight. you tell me if i'm wrong. he also said black faculty members
she wrote "the faculty loungss and other reasons you won't get the education you paid for." not only does summers lose the battle because, i'm paraphras g paraphrasing, saying women doesn't have the same aptitude in science as men, does this dog him? >> larry summers in 2005 gave a speech in why he speculated why women were not in the top tiers in science and engineering and he suggested two this evenings, first, that there may be biological reasons that women are not in the...
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Jul 25, 2013
07/13
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spend on education. but where did the money come from? are we in for another fight on the debt ceiling come the end of the summer, gene? and how do you move the needle on economic growth? >> i think the reason the president is out there giving the speeches he is is he is trying to move washington away for a focus on manufactured prices, manufactured budget battles. trying to end the era of anyone. democrat or republican using the threat of our nation's -- and remind us that our goal should be to hit the kind of economic growth more broadly shared. obviously the president's legacy is going to be that he acted boldly and swiftly to take us back from the brink of depression. what the president has always said is that he never wanted to just build this back to where we were. he wanted to bring back to a place where we can feel more con if i didn't we are regaining mer can's competitive edge. i think we are more competitive from manufacturing and services now. we have great opportunities like natural gas. we are more competitive and the questi
spend on education. but where did the money come from? are we in for another fight on the debt ceiling come the end of the summer, gene? and how do you move the needle on economic growth? >> i think the reason the president is out there giving the speeches he is is he is trying to move washington away for a focus on manufactured prices, manufactured budget battles. trying to end the era of anyone. democrat or republican using the threat of our nation's -- and remind us that our goal...
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Jul 31, 2013
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that's great for us in the long run. >> we all agree, both sides agree on education. it's the way -- once again, good intentions. thank you and congrats. we love milton friedman. anyway, thank you. >> thanks for having me. great birthday today. >>> this is "squawk box." we'll be right back. if you're serious about taking your trading to a higher level, tdd#: 1-800-345-2550 then schwab is the place to trade. tdd#: 1-800-345-2550 call 1-888-284-9410 or visit schwab.com/trading to tdd#: 1-800-345-2550 learn how you can earn up to 300 commission-free online trades tdd#: 1-800-345-2550 for six months with qualifying net deposits. tdd#: 1-800-345-2550 see how easy and intuitive it is to use tdd#: 1-800-345-2550 our most powerful platform, streetsmart edge. tdd#: 1-800-345-2550 we put it in the cloud so you can use it on the web. tdd#: 1-800-345-2550 and trade with our most advanced tools tdd#: 1-800-345-2550 on whatever computer you're on. tdd#: 1-800-345-2550 also, get a dedicated team of schwab trading specialists tdd#: 1-800-345-2550 who will help you customize your plat
that's great for us in the long run. >> we all agree, both sides agree on education. it's the way -- once again, good intentions. thank you and congrats. we love milton friedman. anyway, thank you. >> thanks for having me. great birthday today. >>> this is "squawk box." we'll be right back. if you're serious about taking your trading to a higher level, tdd#: 1-800-345-2550 then schwab is the place to trade. tdd#: 1-800-345-2550 call 1-888-284-9410 or visit...
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Jul 26, 2013
07/13
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there's a lot of educating we need to do to educate investors and influencers on the benefits. just the inherent fairness of the etf structure. there are no loads, no incentive fees, nobody see the portfolio at the same time. it really is a great experience. >> just a quick question. so there's been a huge influx of capital into your etf. is that just possibly because people are really focusing right now at this point in time on passive management versus active management and if so, do you have something out there where you're going to try to -- when that turns because over history it does, do you have an active product that you plan on putting out? >> so a couple things. wisdom tree is the second largest active etf sponsor behind pimco but you might say our equities because we own our own indexes, we're not beta. in many senses we're rules based active already. we're delivering an active like experience but i don't think -- it's not necessarily that it's passive versus active. it's that it's transparent versus nontransparent. tax efficient versus nontax efficient. that's why w
there's a lot of educating we need to do to educate investors and influencers on the benefits. just the inherent fairness of the etf structure. there are no loads, no incentive fees, nobody see the portfolio at the same time. it really is a great experience. >> just a quick question. so there's been a huge influx of capital into your etf. is that just possibly because people are really focusing right now at this point in time on passive management versus active management and if so, do...
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Jul 26, 2013
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i'm trying to save you a little money and my job is not to us entertain you, but to educate and teach you. so call me at 1-800-743-cnbc. tonight, i'm letting you in on something big! the method to my madness. i know this show is the
i'm trying to save you a little money and my job is not to us entertain you, but to educate and teach you. so call me at 1-800-743-cnbc. tonight, i'm letting you in on something big! the method to my madness. i know this show is the
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Aug 1, 2013
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and education stocks led by the apollo groups at all-time highs. there was word that dan lobe has tin a steak. he's a busy man; mr. lobe. others saying it's not true. >>> the newest phone is out. the question is can it compete with the big guys? that would be apple and samsung. >> reporter: it turned out to be a tough start. last year's phones fell flat, and last year they had more than 20,000 employees. today? 4600. it's a leaner work force but google is placing much more bets on product and culture. on the pruk side there's mooduc motorola x. >> it's got 600,000 square feet on four floors, enough room for 2500 workers. considering it's four football field long, it's going to take a little creativity just to get around. >> he said they'll use scooters to get from one end to the other. he won't say how much this massive project costs, but mayor emanuel says it's the biggest in the city for years. this one also gives a boost to the tech solutions. >> there are 7,000 digital jobs and they just all came about in the last two years. when you have a maj
and education stocks led by the apollo groups at all-time highs. there was word that dan lobe has tin a steak. he's a busy man; mr. lobe. others saying it's not true. >>> the newest phone is out. the question is can it compete with the big guys? that would be apple and samsung. >> reporter: it turned out to be a tough start. last year's phones fell flat, and last year they had more than 20,000 employees. today? 4600. it's a leaner work force but google is placing much more bets...
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Jul 30, 2013
07/13
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my job is to educate you, so call me at 1-800-743-cnbc. merger monday? at last, we have one and i say -- ♪ sure the averages didn't reflect this good news, dow sinking -- nasdaq climbed .39%, but if it is finally the beginning of a wave of deals. that can be great for everybody and not just the companies involved in the takeovers. that's right. the huge deals announced today, publicists and omnicom merging for the world's largest advertising agency. paragon lowering its tax bill and hutches bay picking up saks to tack the u.s. luxury market. that will create a positive background that could fuel the next leg of a market. let me first point out the life blood of the stock market. it's a huge component of the health of individual stocks because it reminds us these aren't just pieces of paper we're trading. they are real companies with real prospects and real worth that should be owned, not just rented. i'm not being too obvious. we've had very few mergers this year. it has led many to believe stocks are too high or companies would be buying each other, s
my job is to educate you, so call me at 1-800-743-cnbc. merger monday? at last, we have one and i say -- ♪ sure the averages didn't reflect this good news, dow sinking -- nasdaq climbed .39%, but if it is finally the beginning of a wave of deals. that can be great for everybody and not just the companies involved in the takeovers. that's right. the huge deals announced today, publicists and omnicom merging for the world's largest advertising agency. paragon lowering its tax bill and hutches...
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Jul 25, 2013
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the kinds of people who come here to work hard and get an education, they love america and they love the values we teach our kids not to take advantage. >> and it's also in my humble opinion it's extremely pro-growth. last one, governor. if you were on the phone tonight with house speaker john boehner, would you then urge him to pull together a bill on gop health care reform? >> absolutely. we have to be for things. it starts with securing the border. right now we're training people and exporting them to other people to compete with us. security the border first but absolutely, as a party, we can't just be the party of no. we have to be the party of solutions, growing the economy, helping the middle class. >> really thank you very much, louisiana government bobby jindal. i appreciate it. it's great to see you, i appreciate it. >> how accurate are reports saying that obama care is a raw deal for young people and a reason for doctors to quit health care all together? the great outdoors... ...and a great deal. thanks to dad. nope eeeeh... oh, guys let's leave the deals to hotels.com. oo
the kinds of people who come here to work hard and get an education, they love america and they love the values we teach our kids not to take advantage. >> and it's also in my humble opinion it's extremely pro-growth. last one, governor. if you were on the phone tonight with house speaker john boehner, would you then urge him to pull together a bill on gop health care reform? >> absolutely. we have to be for things. it starts with securing the border. right now we're training people...
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Jul 24, 2013
07/13
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my job is not just to entertain you but to educate you. call me at 1-800-743-cnbc. the silent killer. it's always there lurking. no, i'm not talking about shark week! i'm talking about the scourge of higher interest rates. as a rapid rising
my job is not just to entertain you but to educate you. call me at 1-800-743-cnbc. the silent killer. it's always there lurking. no, i'm not talking about shark week! i'm talking about the scourge of higher interest rates. as a rapid rising
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Aug 1, 2013
08/13
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my job is not just to entertain you but to educate you, too. call me at 1-800-743-cnbc. unless you're a bowler, you have no idea what the heck it means
my job is not just to entertain you but to educate you, too. call me at 1-800-743-cnbc. unless you're a bowler, you have no idea what the heck it means
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Jul 25, 2013
07/13
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my job is not just to entertain you but to educate you, so call me at 1-800-743-cnbc. the silent killer. it's always there lurking. no, i'm not talking about shark week! i'm talking about the scourge of higher interest rates. as a rapid rising rates -- well, let's just say it helps wreck any hope of reaching still one more record high, at least for today. dow backsliding 26 points. nasdaq up .01%. why did interest rates start climbing today after a period it looked like they'd been tamed? why does it feel like we could be, yes, in for another round if we're not careful of mortgage rate increases? today i heard speculation that the reason for the jump -- and they did jump -- one that's kind of in sync with where we were a couple of weeks ago, is that the fed's starting the tapering debate once again. ♪ i'm ending this debate right now. this is -- well, what to we deal with when we hear about the taper rate? it's on the fed and bernanke attitude that bothers me so much. i don't think that's the reason at all why rates went up. i think rates are going up because alas, t
my job is not just to entertain you but to educate you, so call me at 1-800-743-cnbc. the silent killer. it's always there lurking. no, i'm not talking about shark week! i'm talking about the scourge of higher interest rates. as a rapid rising rates -- well, let's just say it helps wreck any hope of reaching still one more record high, at least for today. dow backsliding 26 points. nasdaq up .01%. why did interest rates start climbing today after a period it looked like they'd been tamed? why...
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Jul 27, 2013
07/13
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i'm trying to save you a little money and my job is not to us entertain you, but to educate and teach you. so call me at 1-800-743-cnbc. tonight, i'm letting you in on something big! the method to my madness. i know this show is the craziest, most random, frankly bizarre thing on television, but i know you won't find investing advice this good anywhere else. unless you're one who tunes in just to see if tonight is the night the show really does go off the rails. which after multiple years of airing is possible any given i'm not. sorry, guys. there's a tape delay. but you keep watching. for those of you immersed in trying to make money, than rather watch me traipse around like some say i am, i believe you can do everything i do at home. specifically investing in stocks, running your open portfolio rather than dumping your money with a buy and forget about it fund. particularly when we had record low interest rates, remember those days? something anyone can do as long as you can spend five hours a week during the homework. researching the stocks. although i'm condoning a couple hours a
i'm trying to save you a little money and my job is not to us entertain you, but to educate and teach you. so call me at 1-800-743-cnbc. tonight, i'm letting you in on something big! the method to my madness. i know this show is the craziest, most random, frankly bizarre thing on television, but i know you won't find investing advice this good anywhere else. unless you're one who tunes in just to see if tonight is the night the show really does go off the rails. which after multiple years of...
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Jul 24, 2013
07/13
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my job is not just to entertain you but to educate you so call me at 1-800-743-cnbc. it's the competition, stupid. the companies doing the best this earnings season are the ones that have the least competition. the companies that are doing the worst, it's where the competition is cutthroat. and today we let the economy play out once again as we have pretty much every day since this earnings period began. dow gained 22 points, s&p backsliding .19%. nasdaq declining. there's a debate going on oddly which i'm in the center stage of of how anemic business in this country this quarter. the press, notably the "wall street journal," is trying to make a case that business after all this quantitative easing, all this help from the federal reserve, is still depressed. i don't know. i see it another way. many companies are doing extraordinarily well, particularly the big multinational companies and the banks, the ones that don't have much competition. in fact, there's the fulcrum issue. if there isn't a lot of competition, the stock has been soaring! if there is, then the story'
my job is not just to entertain you but to educate you so call me at 1-800-743-cnbc. it's the competition, stupid. the companies doing the best this earnings season are the ones that have the least competition. the companies that are doing the worst, it's where the competition is cutthroat. and today we let the economy play out once again as we have pretty much every day since this earnings period began. dow gained 22 points, s&p backsliding .19%. nasdaq declining. there's a debate going on...
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Aug 1, 2013
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shares of apollo group, the for profit education company, have risen huge today, at least partly it would seem on news that third point, dan loeb's hedge fund, has take an position in it. i'm told from someone familiar with the matter, dan loeb's third point does not have a position in apollo. there's no truth to that rumor. the sector is up, but it would seem to be related to some other poe sation that may have taken hold or perhaps news last night a apollo group's accreditation was extended for another decade. there must be some other reason explaining this huge move. >> i'm trying to look at a chart again. you're seeing another move, kate, on your reporting that the stock is giving back at least a portion of the gains that it had been enjoying. it's up -- still up 7%, kate, but nonetheless, some of the air is coming out on this report that third point does not have a position in apollo. >> it's obviously a pretty euphoric reaction to the accreditation news, although certainly that's good news for this stock and for the sector, and dan loeb, of course, has had some successful bets of la
shares of apollo group, the for profit education company, have risen huge today, at least partly it would seem on news that third point, dan loeb's hedge fund, has take an position in it. i'm told from someone familiar with the matter, dan loeb's third point does not have a position in apollo. there's no truth to that rumor. the sector is up, but it would seem to be related to some other poe sation that may have taken hold or perhaps news last night a apollo group's accreditation was extended...
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Jul 24, 2013
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is the way to prosperity to cut taxes, cut regulations or invest in job training skills and education? that's the argument he's making. you may not see the success in his presidency. the determination and test will come long term. >> we'll see what happens. it will begin any minute now. the president speaking out at knox college in his home state of illinois. final trades when we come back. . try new alka seltzer fruit chews. they work fast on heartburn and taste awesome. these are good. told ya! i'm feeling better already. [ male announcer ] new alka seltzer fruits chews. enjoy the relief! [ lighter flicking ] [ male announcer ] you've reached the age where giving up isn't who you are. ♪ this is the age of knowing how to make things happen. so, why let erectile dysfunction get in your way? talk to your doctor about viagra. 20 million men already have. ask your doctor if your heart is healthy enough for sex. do not take viagra if you take nitrates for chest pain; it may cause an unsafe drop in blood pressure. side effects include headache, flushing, upset stomach, and abnormal visio
is the way to prosperity to cut taxes, cut regulations or invest in job training skills and education? that's the argument he's making. you may not see the success in his presidency. the determination and test will come long term. >> we'll see what happens. it will begin any minute now. the president speaking out at knox college in his home state of illinois. final trades when we come back. . try new alka seltzer fruit chews. they work fast on heartburn and taste awesome. these are good....
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Jul 24, 2013
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they include increased access to better child care, education, health care as well and infrastructure, investments, again, he's going to be in jacksonville, florida, and in court tomorrow to discuss what he calls what we do best which is building things all related to a major economic push certainly this week by the president of the united states and also to discuss secure retirement as well as homeownership. thank you very much for joining us here on "street signs," everybody. a very, very busy day. we'll begin the show with likely breaking news out of detroit because we're showing you a live look at the michigan courthouse where key rules are expected to be handed down any moment in the detroits bankruptcy and any time now the bankruptcy court of michigan is likely to assure and issue rules on whether the detroit bankruptcy can proceed. at issue, three lawsuits filed by creditors such as the pension plans to halt or delay the city's bankruptcy filing, and if the city wins the case it means the bankruptcy is more likely to go ahead. >> any lawsuit is complicated. this one perhaps mor
they include increased access to better child care, education, health care as well and infrastructure, investments, again, he's going to be in jacksonville, florida, and in court tomorrow to discuss what he calls what we do best which is building things all related to a major economic push certainly this week by the president of the united states and also to discuss secure retirement as well as homeownership. thank you very much for joining us here on "street signs," everybody. a...
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Jul 29, 2013
07/13
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basically what you are saying, similar to the educational companies and corrine than, a change in regulation. >> that's when you get the hard reset i talked about on the for profits and could happen in the industry of multi level marketing in general, not just one company but all of them. whether that happens is anybody's guess f. if it doesn't, he is right. >> and to herb's point, that's why it is not about the earnings tonight. as joe said, what if they have relatively bad earnings and the stock still goes up? there is other things other than karl that are squeezing this stock here. >> you guys are talking about -- you guys are talking about -- >> it is not about earnings. >> it is not. >> think about what you just said. we're talking about a company. it is not about earnings. it is about a stock. it is about two guys fighting each other. no one is coming back and talking about what i spent nine months investigating on selling the american dream which aired on cnbc.com and looks into the issue under pinning the companies. no one seems to care about that which by the way at some point is an
basically what you are saying, similar to the educational companies and corrine than, a change in regulation. >> that's when you get the hard reset i talked about on the for profits and could happen in the industry of multi level marketing in general, not just one company but all of them. whether that happens is anybody's guess f. if it doesn't, he is right. >> and to herb's point, that's why it is not about the earnings tonight. as joe said, what if they have relatively bad...
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Jul 24, 2013
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part of that is dealt with immigration reform through what they do with the visas. >> part of it is education. >> if it wasn't adventurous from a tax point, to offshore stuff, that -- your halfway there without all the other stuff we're talking about, building up the plants here. >> it is a big problem. >> there doesn't seem to be any impetus or any interest in trying to figure out what to do to make the territorial tax system favor us a little bit more. >> have you seen larry summer's proposa proposal? >> larry is someone we're high on around here. you know why? suddenly the left hates him so much. >> you know who else is high on larry summers? >> a leading contender now. >> i know. >> president obama is high on larry summers. >> larry is smart. in the reporting i was doing yesterday, which matches what many of my colleagues have done, larry seems to be the front-runner at this point, nobody knows except the president and a couple of people, but he seems to be doing well. larry's pre posal is not to have a holiday or not to -- not to force this money back, but to establish a permanent lower
part of that is dealt with immigration reform through what they do with the visas. >> part of it is education. >> if it wasn't adventurous from a tax point, to offshore stuff, that -- your halfway there without all the other stuff we're talking about, building up the plants here. >> it is a big problem. >> there doesn't seem to be any impetus or any interest in trying to figure out what to do to make the territorial tax system favor us a little bit more. >> have...
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Jul 25, 2013
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other classic examples that might worry people even more are things like education and health care. what that means is that people start to worry about is the cpi actually accurate. in truth, it probably is accurate because they spend a lot of time getting it right. the problem is if you're a person that tends to buy a lot of, say, big macs or you're an elderly person, you spend a lot on health care, or you're a college student where education is important to you, you're all spending a lot on prices that are going up a lot quicker than the cpi. >> richard, i'm going to have to cut it there, but i so thank you for taking the time with us today, and i want to every couple of months when you update, i want to invite you back. thank you. studio, back to you. and i will tell you this, folks, that in the end i get more e-mails when we do our cpi and ppi and don't find much inflation than any other issue, and the e-mails basically don't believe the numbers. back to you. >> rick, we just want you to send that chart over. that's a thing of beauty. thank you, sir. >> isn't it gorgeous. i did
other classic examples that might worry people even more are things like education and health care. what that means is that people start to worry about is the cpi actually accurate. in truth, it probably is accurate because they spend a lot of time getting it right. the problem is if you're a person that tends to buy a lot of, say, big macs or you're an elderly person, you spend a lot on health care, or you're a college student where education is important to you, you're all spending a lot on...
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Jul 26, 2013
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that's a major new wrinkle that amazon can i think educate consumers to be comfortable with. >> of all the things that are obviously disruptive things that they have in mind for the near future, cloud services, right? hardware, phones, streaming content, groceries, what do you think is going to be the first home run? >> i think the biggest thing is they are not being -- they're very device agnostic. google and apple are doing very well. but they're all working in device areas that are more focus in religious wars. amazon isn't in that. they are pan device, pan platform, they are very much focused on the fact that consumers are right now starting to realize a smartphone is a smartphone. a tablet is a tab let. if it's a connected screen, it's the same as any other within bounds of size. and that's where they're positioning almost everything they do to be universally appealing, and i like the durability of that going forward. >> finally, do you think, you know, people are beginning to notice the taxes on their amazon order when they click it through. is that going to push any consumers to
that's a major new wrinkle that amazon can i think educate consumers to be comfortable with. >> of all the things that are obviously disruptive things that they have in mind for the near future, cloud services, right? hardware, phones, streaming content, groceries, what do you think is going to be the first home run? >> i think the biggest thing is they are not being -- they're very device agnostic. google and apple are doing very well. but they're all working in device areas that...
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Jul 25, 2013
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been a lot of glitches, like my ford touch, consumers had complaints about it and it takes consumer education process. but they clearly have drawn the line in the sand saying that's the direction they're going in and they're kind of ahead of the rest of the industry. and what they're finding is despite the consumer complaints, consumers want that technology and they're able to charge higher prices because of that. >> europe, though, proved a big black pit for the earnings for many of the automakers. looking at the car registrations month on month, it is patchy. how do you think ford and gm are doing? are they trimming the losss? >> well, if we -- ford was encouraging yesterday because they had sales and market share up, they had an improvement in their financial performance in europe, despite the market being down because of all of the restructuring they're doing and they're going after different kind of customer, retail customer, versus their fleet customers. so i will be watching that very carefully with the gm this morning. i think there is a lot of -- has the market really bottomed out th
been a lot of glitches, like my ford touch, consumers had complaints about it and it takes consumer education process. but they clearly have drawn the line in the sand saying that's the direction they're going in and they're kind of ahead of the rest of the industry. and what they're finding is despite the consumer complaints, consumers want that technology and they're able to charge higher prices because of that. >> europe, though, proved a big black pit for the earnings for many of the...
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Jul 30, 2013
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that's focused on what china consumes, thing people buy in shops or health care and education offerings, but there are big winners. i find myself thinking that as we creep through time, the u.s. probab probably will be more new winners of the new china. and the details are yet to emerge. there was a bilateral meeting going on involve something of the policy people, just after the meeting between them and people in the u.s. and that looks to me as though the chinese want to do a bit more for the u.s. has to offer. so i think this incessant focus on, whether the chinese gdp numbers are accurate and whether gdp is what matters seems to be misplaced to be honest. >> jim, as always, appreciate your per spective. >> thanks a lot. good luck. >> thank you. >>> coming up, shares of bp trading lower. we'll talk about the oil giant's results and the outlook for the energy sector next. >>> the earnings story continues. our news maker the next hour, the ceo of ubs on his company's earnings and outlook. your trading to a higher level,g tdd#: 1-800-345-2550 then schwab is the place to trade. tdd#: 1-8
that's focused on what china consumes, thing people buy in shops or health care and education offerings, but there are big winners. i find myself thinking that as we creep through time, the u.s. probab probably will be more new winners of the new china. and the details are yet to emerge. there was a bilateral meeting going on involve something of the policy people, just after the meeting between them and people in the u.s. and that looks to me as though the chinese want to do a bit more for the...
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Jul 25, 2013
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she's a yale educated and complete liberal. for obama, it is a clear choice. he should pick yellen. >> i think janet was a hawk in the mid-'90s. >> clear need for using him. >> don't have to hang on her. you think that too. >> i don't know if it is relevant. i'm telling you what i think janet thinks. >> i know you are. but you're not telling what you think she thinks in a way that i'm telling you and she thinks this. >> i agree with her, but keep listening to the other side and i don't hear a good argument on the other side. i keep listening. i keep asking the questions. >> i'm with you. let's just do it forever and go to -- >> the committee decided that tapering could come sooner rather than later. is she not in -- in thinking with that consensus. you think she's an outliar? >> i think she's less concerned about the costs of qe than probably your average f omc member now. >> let's see if we argue it out. let's see if the economy gets strong enough to where they hit the targets they set, unless they change the target. >> i think they'll get out. we have the di
she's a yale educated and complete liberal. for obama, it is a clear choice. he should pick yellen. >> i think janet was a hawk in the mid-'90s. >> clear need for using him. >> don't have to hang on her. you think that too. >> i don't know if it is relevant. i'm telling you what i think janet thinks. >> i know you are. but you're not telling what you think she thinks in a way that i'm telling you and she thinks this. >> i agree with her, but keep listening to...
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they've really focused on the education of saudis. young saudis, 65% of the saudi population sunday the age of 30. they have been focusing on studies in science, technology, trying to change their skill set so there are more economic opportunities. they vice president been taking this lying down. but the big challenge really is north american production if it does potentially eat into saudi's revenue stream they could be facing social challenges absolutely. >> not the first time we've heard sort of this kind of tone from an opec member. we have heard there have been some infighting as the u.s. gets a little head of steam for energy. what is their next big strategic move? >> certainly they have to watch north american production. it has grown by over 1 million barrels this year. but, you know, at barclays we look at 2020 and we say the united states is still going to be a net importer. we still think we'll be importing 5 million to 6 million barrels a day. the u.s. will still be dependent on stability in the middle east, keeping opec s
they've really focused on the education of saudis. young saudis, 65% of the saudi population sunday the age of 30. they have been focusing on studies in science, technology, trying to change their skill set so there are more economic opportunities. they vice president been taking this lying down. but the big challenge really is north american production if it does potentially eat into saudi's revenue stream they could be facing social challenges absolutely. >> not the first time we've...
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despite the fact that they've already cut early education for vulnerable kids. they've already cut insurance for people who have lost their jobs through no fault of their own. or they'll bring up obama care. this is tried and true. despite the fact that our businesses have created nearly twice as many jobs in this recovery as businesses had at the same point in the last recovery when there was no obama care. [ applause ] i appreciate that. that's what that's about. that's what this is about. [ applause ] that's what we've been fighting for. with this endless parade of distractions and political posturing and phony scandals, washington's taken its eye off the ball. i'm here to say this needs to stop. this needs to stop. [ applause ] this moment does not require short term thinking. it does not require having the same old debates. our focus has to be on the basic economic issues that matter most to you, the people we represent. that's what we have to spend our time on and our energy on and our focus on. [ applause ] as washington prepares to enter into the budget
despite the fact that they've already cut early education for vulnerable kids. they've already cut insurance for people who have lost their jobs through no fault of their own. or they'll bring up obama care. this is tried and true. despite the fact that our businesses have created nearly twice as many jobs in this recovery as businesses had at the same point in the last recovery when there was no obama care. [ applause ] i appreciate that. that's what that's about. that's what this is about. [...
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Jul 24, 2013
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one, access and ability, two, education, which is a key part of that. if you don't understand what you need to do for yourself, what your role as a patient or with a patient advocate, then your decision may not be the same as someone who has a better level of education. >> i don't challenge my doctor, i don't educate myself on being a patient. >> but you should. >> why should an african-american person have to do that? i can kick back and my doctor believe me, he goes out of his way to be nice to me. >> because you're you. [ laughter ] >> but it is your responsibility as the patient. >> you cannot separate which i think what you're getting at is kind of personal responsibility from historical traumas, right? there is this much african-american history in american life, this much free african-american history in american life. and you -- there's very few periods in american life where you can look at black people and say you've had a chance to catch your breath and catch up. from slavery to systematic widespread social and cultural violence, to jim crowe
one, access and ability, two, education, which is a key part of that. if you don't understand what you need to do for yourself, what your role as a patient or with a patient advocate, then your decision may not be the same as someone who has a better level of education. >> i don't challenge my doctor, i don't educate myself on being a patient. >> but you should. >> why should an african-american person have to do that? i can kick back and my doctor believe me, he goes out of...
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education. and health care. a fierce defense of obama care there, because that is going to be one of the battlegrounds during the debt ceiling fight and throughout the term. and some pretty sharp broadsides against republicans who, as you know, continue to frustrate him. and when that happens, he finally goes out to the country and tries to make his case to the american people. and that's what he's doing here now and for the next five weeks, brooke. >> right. gloria borger, jessica yellin hit the nail on the head. talking about the debt ceiling, right? sort of anticipating upcoming fights that we could see this fall with republicans. specifically house republicans. maybe using the idea of repealing obama care as a brokering chip if they hit a state ma stalemate. how do you see republicans responding to in? >> reporter: i think not well. what the president said is instead of taking these ridiculous votes on repealing obama care he kind of laid down the gauntlet to republicans and said show me what you got. okay?
education. and health care. a fierce defense of obama care there, because that is going to be one of the battlegrounds during the debt ceiling fight and throughout the term. and some pretty sharp broadsides against republicans who, as you know, continue to frustrate him. and when that happens, he finally goes out to the country and tries to make his case to the american people. and that's what he's doing here now and for the next five weeks, brooke. >> right. gloria borger, jessica yellin...
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Jul 24, 2013
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two, education which is a key part of that. if you don't understand what you need to do for yourself, what your role as a patient or with a patient advocate or whatever the case is, then your decision may not be the same as someone who has a better level of education -- >> but you know what? i don't challenge my doctor. i don't educate myself on being a patient -- >> but you should. >> why should an african american do that? i kick back and my doctor go out of his way to be nice to me and it's not that he likes me i think. >> [ laughter ] >> it is your responsibility as the patient. >> here is the other thing, you cannot separate, which i think you're getting at is personal responsibility from his tore -- historical trama. this is this much african american history life, this much free african american history in american life. there is very few periods in american life that you can look at black people and said you had a chance to catch your breath and catch up from slavery to system mat tick, war on drugs, which is a war on b
two, education which is a key part of that. if you don't understand what you need to do for yourself, what your role as a patient or with a patient advocate or whatever the case is, then your decision may not be the same as someone who has a better level of education -- >> but you know what? i don't challenge my doctor. i don't educate myself on being a patient -- >> but you should. >> why should an african american do that? i kick back and my doctor go out of his way to be...
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Jul 24, 2013
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two, education, which is a very key part of that. if you don't understand what you need to do for yourself, what your role is as a patient or with a patient advocate, then your decision may not be the same as someone who has better level of education. >> but i don't challenge my doctor, i don't educate myself on being a patient. why should -- >> but you should. >> why should an african-american person have to do that. i can kick back and my doctor goes out of his way to be nice to you. >> because you're you. >> but it is your responsibility as a patient. >> you cannot separate, which i think you're getting at is personal responsibility, from historical traumas, right? there is this much african-american history in america life, this much free african-american history in american life. there's very few periods in american life where you can look at black people and say you've had a chance to catch your breath and catch up. from slavery to social and cultural violence, to jim crow, to mass incarceration, war on drugs, which is basicall
two, education, which is a very key part of that. if you don't understand what you need to do for yourself, what your role is as a patient or with a patient advocate, then your decision may not be the same as someone who has better level of education. >> but i don't challenge my doctor, i don't educate myself on being a patient. why should -- >> but you should. >> why should an african-american person have to do that. i can kick back and my doctor goes out of his way to be...
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Jul 24, 2013
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two, education which is a key part of that. if you don't understand what you need to do for yourself, what your role as a patient or with a patient advocate or whatever the case is, then your decision may not be the same as someone who has a better level of education -- >> but you know what? i don't challenge my doctor. i don't educate myself on being a patient -- >> but you should. >> why should an african american do that? i kick back and my doctor go out of his way to be nice to me and it's not that he likes me i think. >> [ laughter ] >> it is your responsibility as the patient. >> here is the other thing, you cannot separate, which i think you're getting at is personal responsibility from his tore ri -- historical trama. this is this much african american history life, this much free african american history in american life. there is very few periods in american life that you can look at black people and said you had a chance to catch your breath and catch up from slavery to system mat tick, war on drugs, which is a war o
two, education which is a key part of that. if you don't understand what you need to do for yourself, what your role as a patient or with a patient advocate or whatever the case is, then your decision may not be the same as someone who has a better level of education -- >> but you know what? i don't challenge my doctor. i don't educate myself on being a patient -- >> but you should. >> why should an african american do that? i kick back and my doctor go out of his way to be...
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Jul 27, 2013
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he was the very first royalty ever to be educated outside the home. he had never had the experience of meeting lots of children before. he was quite an ordinary person. he wasn't treated in any way special and didn't expect to be. he always says this the the happiest time he ever had. >> by all accounts, prince charles was a thoughtful, often dissident boy, which made for a complicated relationship with his father. >> the duke of edenburough is a very rough, tough man's and he doesn't appreciate sensitivity really in a person. certainly not in one of his sons. and charles was a very sensitive child. >> but it was the duke who called the shots and he believed his son would benefit from the same no nonsense education he had enjoyed, in the north of scotland. >> following in his father's footsteps, prince charles arrived here at the age of 13. he was to spend most of his teenage years here, and for most of us, they were years that left a deep impression. these days, there are girls, as well as boys, here. it's not a place which aims to pamper its student
he was the very first royalty ever to be educated outside the home. he had never had the experience of meeting lots of children before. he was quite an ordinary person. he wasn't treated in any way special and didn't expect to be. he always says this the the happiest time he ever had. >> by all accounts, prince charles was a thoughtful, often dissident boy, which made for a complicated relationship with his father. >> the duke of edenburough is a very rough, tough man's and he...
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Jul 28, 2013
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. >> at that time, hospitals weren't educated about postpartum illness, psychiatrists weren't educated about postpartum illness. >> after the 2001 hospitalization, andrea continued seeing a hospital psychiatrist as an outpatient. but she wasn't put back on haldol, and rusty hesitated to question the doctor. >> you know, if i were to challenge him and say, well, this medicine worked for her in '99, why aren't we trying it now, i'm confident this will work and kind of looks back to his, you know, diploma on the wall. >> rusty flew his mother out to houston to help andrea with the kids. what she saw frightened her. >> her mother-in-law, rusty's mother, was in the house and said, andrea, why are you filling the bathtub at 4:00 in the afternoon, and andrea gave a vague answer, i might have use for it. that so concerned rusty's mother that they then arranged for her to be hospitalized within 24 hours. >> when andrea was sent home from devereaux the second time, she was just as disoriented as before. rusty took her back to the outpatient facility. >> rusty said, i'm very concerned about her.
. >> at that time, hospitals weren't educated about postpartum illness, psychiatrists weren't educated about postpartum illness. >> after the 2001 hospitalization, andrea continued seeing a hospital psychiatrist as an outpatient. but she wasn't put back on haldol, and rusty hesitated to question the doctor. >> you know, if i were to challenge him and say, well, this medicine worked for her in '99, why aren't we trying it now, i'm confident this will work and kind of looks back...
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a good education. reducing poverty. reducing inequality. growing opportunity. i'm going to keep pushing to make high-quality preschool available for every four-year-old in america it's time for the minimum wage to go up. (cheers) but i won't be able to do it alone, so i'm going to be calling... on all of us to take up this cause. good jobs; a better bargain for the middle class... and the folks who are working to get into the middle class; an economy that grows from the middle-out. that's what we need. (cheers) my asthma's under control. i don't miss out... you sat out most of our game yesterday! asthma doesn't affect my job... you were out sick last week. my asthma doesn't bother my family... you coughed all through our date night! i hardly use my rescue inhaler at all. what did you say? how about - every day? coping with asthma isn't controlling it. test your level of control at asthma.com, then talk to your doctor. there may be more you could do for your asthma. it guides you to a number that will change your life: your sleep number setting. it even knows yo
a good education. reducing poverty. reducing inequality. growing opportunity. i'm going to keep pushing to make high-quality preschool available for every four-year-old in america it's time for the minimum wage to go up. (cheers) but i won't be able to do it alone, so i'm going to be calling... on all of us to take up this cause. good jobs; a better bargain for the middle class... and the folks who are working to get into the middle class; an economy that grows from the middle-out. that's what...
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conversation about the size of the deficit and bringing that down, it will be more about things like education, jobs, retirement savings, it's the white house's view that the president does better when he can focus on those kinds of topics that the american public can understand and relate to than when it's entirely about the deficit, and that's why they think his numbers come down when he is locked in battle in congress in washington, you see his numbers come down, and when he goes out to the people his numbers tend to rebound, but i would just throw up a note of caution here, which is that, look, this is a little bit of the same dynamic we have seen before, one person -- he has been out there attacking congress this week, and congress is accusing him of being an engine of division, and it's a role reversal but same dance we have seen for a lot of years. >> kevin, the president calling out republicans for not tangoing, and saying you can't be against something and you have to be for something, and democrats passing around bumper stickers on twitter, and it's like lucy accusing charlie brown o
conversation about the size of the deficit and bringing that down, it will be more about things like education, jobs, retirement savings, it's the white house's view that the president does better when he can focus on those kinds of topics that the american public can understand and relate to than when it's entirely about the deficit, and that's why they think his numbers come down when he is locked in battle in congress in washington, you see his numbers come down, and when he goes out to the...
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. >> hospitals weren't educated about -- psychiatrists weren't educated by postpartum illness. >> after the 2001 hospitalization, andrea continued seeing a hospital psychiatrist as an outpatient. she wasn't put back on haldol, and rusty hesitated to question the doctor. >> if i was to challenge him and say, oh, this medicine worked for her in 1999, why are we trying it now? i'm confident this will work, you know, and kind of looks back to his, you know, diploma on the wall. >> rusty flew his mother out to houston to help andrea with the kids. what she saw frightened her. >> her mother-in-law, rusty's mother, was in the house and said andrea, why are you filling the bathtub at 4:00 in the afternoon? andrea gave a vague answer, i might have use for it. that so concerned rusty's mother that they then arranged for -- >> when andrea was sent home from devereaux the second time, she was just as disoriented as before. >> rusty took her back. >> she's not responding. rusty reported that the doctor's comment was, andrea, think happy thoughts. >> two days after that will appointment on june 20th,
. >> hospitals weren't educated about -- psychiatrists weren't educated by postpartum illness. >> after the 2001 hospitalization, andrea continued seeing a hospital psychiatrist as an outpatient. she wasn't put back on haldol, and rusty hesitated to question the doctor. >> if i was to challenge him and say, oh, this medicine worked for her in 1999, why are we trying it now? i'm confident this will work, you know, and kind of looks back to his, you know, diploma on the wall....